Tradr ETFs has launched a new tactical product for active market participants: the Tradr 1X Short Innovation 100 Monthly ETF (BATS:SMQ) , the first ETF to provide inverse (-100%) monthly-reset exposure to the Invesco QQQ (NASDAQ:QQQ) , also referred to as the Innovation 100.Also Read: Three New Horizon ETFs Hit The Market — Here’s What Investors Should KnowThe launch gives traders a fresh way to express medium-term bearish views on one of the market's most closely watched benchmarks — but without the path-d ...

"In trading, oftentimes you have the direction of the trade correct, but the timing may go against you, especially when holding a daily reset leveraged strategy over the course of several weeks. Our goal was to create a directional or hedging tool that could better reflect a trader's medium-term bearish view," said Matt Markiewicz, Head of Product and Capital Markets at Tradr ETFs. "With SMQ, we are extending the monthly-reset category that we pioneered with MQQQ to give investors a new tool that could be m ...